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Annual Report 2003/2004 Department of Business Industry and Resource Development



Annual Report 2003/2004 Department of Business Industry and Resource Development

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Tabled paper 1496


Tabled Papers for 9th Assembly 2001 - 2005; Tabled papers for 9th Assembly 2001 - 2005; Tabled papers; ParliamentNT






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NOTES TO FINANCIAL STATEMENTS For the year ended 30 June 2004 2004 2003 $000 $'000 PROPERTY, PLANT AND EQUIPMENT l l l l l At cost 13 013 12 926 At valuation - 2004 2 259 it 15 272 12 926 1 At cost 109 913 105 874 Accumulated depreciation (59 383) (52 579) 50 530 53 295 Plant and equipment M B M M At cost 7 625 6 957 Accumulated depreciation (5 454) (5 162) 2 171 1 795 Cultural assets At cost 69 69 Accumulated depreciation (10) (10) 59 59 o(#ii yciicrdiiiiy diici r6^Gn6idtiii(j At cost (self) 163 163 Accumulated depreciation 163 163 Total property, plant and equipment . 68 194 68 238 A valuation of the majority of DBIRD is specific assets of land and buildings was undertaken by the Australian Valuation Office (AVO) as at 30 June 2004. The revaluation was conducted in accordance with Treasurers Direction 2.4 - current replacement cost, accumulated depreciation and depreciated replacement cost. Department of Business, Industry & Resource Development 103 An nu al R ep or t

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